April 29, 2008

Japan to pay Russia US$31 million for salmon quota

Japan will pay over US$31 million to Russia for the right to catch salmon in Russian waters this year, the Russian State Fisheries Committee reported.

Once paid, Japan can catch up to 9,735 tonnes of salmon from Russian waters.

This year, 43 Japanese vessels will be in charge of salmon fishing in Russian waters at a price of US$3 for each  kilogramme of salmon.